All about Form DIR-3 KYC: e-Form Filing, Format, Due date and requirements for Directors under Companies Act 2013

Director identification number (DIN) is a unique identification number that is allotted to every Director under the Companies Act 2013. Filing an application in eForm DIR-3 was sufficient to obtain DIN. This was a one-time process for any person who wants to be a director in one or more companies. However, the Ministry of Corporate Affairs has recently notified that it would be conducting KYC (Know Your Customer) verification for Directors of all companies through a new eForm DIR-3 KYC. By filing DIR-3 eKYC form the Director would have to provide a unique personal mobile number and personal email address which would both be verified with an OTP code.

Who has to File DIR-3 KYC?

As per MCAs recent announcement, any director who was allotted a DIN by or on 31st of March 2018 and whose DIN is in approved status, will have to submit his KYC details to the MCA by the 31st day of August. Further, this procedure is mandatory for Disqualified directors too.

Checklist involved in filing the eForm DIR-3 KYC

Unique Personal Mobile Number & Email Id for OTP

Director should have own DSC or Digital Signature

Eform should be Certified by practising professional (CA/CS/CMA)

What happens if eForm DIR-3 KYC is not filed within the due date specified?

MCA21 system will mark all approved DINs (allotted on or before 31st March 2018)against which DIR-3 KYC form has not been filed as ‘Deactivated’ with reason as ‘Non-filing of DIR-3 KYC’

After the due date filing of DIR-3 KYC in respect of such deactivated DINs shall be allowed upon payment of a specified fee of Rs. 5,000/- only, without prejudice to any other action that may be taken.

Important Points

Filing of DIR-3 KYC would be mandatory for Disqualified Directors also.